Market Outlook and Analysis (Nov2019 Week1)

Currency Pair: CADCHF

Technical Analysis – CADCHF

CADCHF D1 Chart: Back up at the Resistance Zone

The Pair is right back up at the Resistance Zone 0.7600/50. We had a very strong bullish move in the past week, 5 daily bullish candles to close the week at a high.

CADCHF H1 Chart: Completing of a Bearish Deep Crab Pattern at Resistance

Spotted a Bearish Deep Crab Pattern on the H1 Chart. Because of the Bullish move throughout the week, I would throw caution on this short trade. Ideally prefer to see a reversal pattern before taking this short trade.


Hi Everyone,

Please like and share my post if you it has helped you in your trading. We are reeling in the pips if you have been following us. Let the winners run and cutting the losers short.

We are having a 3hr workshop in Singapore on the 12th November 2019 (7pm to 10.30pm). Calling out to those of you who are:

  • Working adults who are jaded from your daily lives and looking for an alternative
  • Traders who has been trading for over a year and have not achieve the results you desire
  • Wanting to make a difference to their financial goals

Stop procrastinating, register HERE NOW and come and see how we trade the market. Bring along an open mind to think out of the box to be successful in trading.

Please share with your friends whom you think will benefit from this too. Join us, we are building a close knitted community of successful traders.